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712 Henderson BlvdFolcroft, PA 19032
Sunshine Pediatric Day Center
Asset ClassHealthcare Facility
overview of deal

Overview

Matthews Real Estate Investment Services Healthcare Division proudly presents a unique opportunity for qualified investors: ownership of a Sunshine Pediatric Day Center ("Sunshine") in Folcroft, Pennsylvania. This offering entails a brand-new 15-year NNN lease structure. With attractive annual increases of 3.00% and one, 10-year renewal option, this lease promises a durable and predictable investment opportunity. Furthermore, investors can take confidence in the corporate guarantee from the tenant, further strengthened by a personal guarantee from David Maymon, Founder and CEO.

 

David Maymon established Sunshine Pediatric Day Center with a clear vision to create a distinctive day center that caters to the specific medical needs of children with special healthcare requirements. Sunshine is a rapidly growing mission-driven operator with eight (8) locations operational to-date and an additional three sites in its pipeline. This differentiated healthcare model positions the company at the forefront of pediatric medical day services, reflecting strong operational expertise and sustained expansion within a highly specialized niche.

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Investment Highlights

  • Long Term Lease The lease features an above-market lease term of 15-years, providing investors with a long, durable stream of cash flow for the foreseeable future.
  • Inflationary Protected Lease: The lease features attractive 3.00% annual rent increases, providing a major cash flow boost and a great inflationary hedge for investors.
  • Passive NNN Lease: This property features a NNN lease with minimal landlord responsibilities, providing a truly passive investment vehicle for both local and out-of-state investors.
  • Corporate & Personal Guarantee: The lease agreement features a corporate guarantee supplemented by a personal guaranty from the CEO, demonstrating the leadership’s long-term commitment to the location.
  • Specialized Medical Niche: Sunshine operates as a Prescribed Pediatric Extended Care Center (PPECC), a specialized field with growing demand as one in five children has a special healthcare need.
  • Mission-Driven Leadership: Founded by David Maymon, the company’s growth to eight locations across Texas and Pennsylvania showcases proven operational expertise in a highly regulated healthcare space.
  • Average Cap Rate: This investment opportunity presents investors with the opportunity to secure a very favorable return with the average cap rate over the initial term of the lease equating to roughly 9.73%.
  • Accelerated Depreciation Potential: Given the significant capital invested in the facility buildout, investors may benefit from enhanced depreciation through a cost segregation study, potentially improving after tax returns. *Investors should consult their CPA to confirm applicability.

Strategic Location: The property is ideally situated in the greater Philadelphia metropolitan area, ensuring a large potential patient base for the property.

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712 Henderson BlvdFolcroft, PA 19032
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